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Blockchain App Factory Launches an STO-in-a-Box Solution Containing Tokenization, Legal Compliance, Fundraising and Investor Management

Having a wide spectrum of clients from the ICO days, to corporate solutions on smart ledger technologies, Blockchain App Factory has now come up with the most comprehensive approach to Security Token Offerings.




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Blockchain Management Company BlocWatch Secures $5.5 Million Funding Round

Funds will be deployed to help BlocWatch expand its blockchain management platform used for enterprise implementations of Hyperledger Fabric, Ethereum, and Corda.




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Reily and Associates Announce the Launch of a New RA China Multi-Asset Income Fund

Reily and Associates, the wealth management specialists based in Japan, have launched their RA China Multi-Asset Income Fund, which will concentrate on capturing the capital gain and income opportunities in the China markets.




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Praxis Funds Join ICCR, Others in Opposing SEC Changes to Proxy Voting Processes

Praxis Mutual Funds strongly urges the SEC to reconsider the proposed rules




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Arianna Skincare Partners with Ellie Fund and National Breast Cancer Foundation to Support Breast Cancer Awareness Month

Dead Sea Mineral and all-natural beauty product company announces her campaign for Pink October.




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The Handmaid's Tale Author Margaret Atwood Announced as Keynote Speaker at Fairfield County's Community Foundation's Fund for Women & Girls Unite & Rise Luncheon, Friday, April 3, 2020

Unite & Rise celebrates the 100th anniversary of the 19th Amendment




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WAWG Calls For Full Funding of USDA and Key Farm Bill Programs

Rural America Could Be Devastated by Weakening the Farm Bill




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American Veterans Honor Fund Announces Release of Veteran Candidate Resources

American Veterans Honor Fund is pleased to announce the launch of an all-new Veteran Candidate Guide for military veterans interested in exploring the idea of running for office.




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7 Best Mutual Funds to Buy With Your Stimulus Check




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Research Roundup: Social Media For Public Transportation, Funding The Needs Of An Aging Population & An Overview Of U.S. Parking Management Strategies

Each and every day, social media tools change the way that organizations
interact with their users.

A recent report from the Center For Urban Transportation Research at University of South Florida titled Routes To New Networks: A Guide To Social Media For The Public Transportation Industry (66p. PDF) explains how these new platforms offer not only more personal one-on-one interaction than traditional media, but also represent the essence of niche marketing.

It is undeniable that social media is all the buzz. For some, utilizing new media tools may come as second nature. For others, however, entering the world of social media means taking a giant leap into the world of online communications.

One thing is certain – social media platforms are allowing a new opportunity for transportation providers to directly communicate with their target audiences. Communication is moving in this direction – with or without your organization.

The report analyzes the usefulness of and applications for social networks, written blogs, audio/video blogs, microblogs (e.g. Twitter), photo sharing, video sharing, user-generated content and mobile web content.

The report states that key points to consider when determining which tool(s) to use are:

1) Who is my target audience and what tools are they using?
2) What type of information do I want to communicate?
Content must always resonate with your audience. What can you provide that would be of value?

Earlier this year, the American Public Transportation Association (APTA) published Funding The Public Transportation Needs Of An Aging Population (57p. PDF).

It explains how rapid growth in the number of older people in the United States during the coming decades will lead to greatly increased needs for expanded and enhanced public transportation services. This report:
a) identifies the range of actions that will be needed to expand mobility options for older people, including accessible public transportation services;
b) quantifies the demand for these public transportation services; and
c) estimates the funding that will be needed to provide them.
Needed actions have been identified by means of a review of the extensive literature on this
subject. The actions needed to expand mobility options for older people include:
  • Enhancements to fixed-route public transportation operations and planning such as additional bus operator training, incorporating travel needs of older people in route planning and stop placement, and coordination with other agencies and transportation providers
  • Enhancements to public transportation vehicles such as low-floor buses, kneeling buses, improved interior circulation, additional stanchions and grab bars, ergonomic seating designed for older riders, and accessibility features either required or encouraged by ADA like lifts and ramps, larger letters on head signs, and stop announcements
  • Actions to help older people take advantage of existing services, like presenting information in ways that are easy to read and as clear as possible, information and assistance programs to connect older people with appropriate services, and outreach and training programs
  • Expansion of supplementary services including flexible route and community transportation services, ADA complementary paratransit, non-ADA demand-responsive services, taxi subsidy programs, and volunteer driver programs
  • Application of universal design strategies at transit facilities, bus stops, and on streets and sidewalks in the immediate vicinity of transit facilities and stops
These are the actions of greatest concern to public transportation agencies, but they are not the
only actions needed.

Other important actions include assuring supportive services to caregivers
who provide transportation, encouraging further development of unsubsidized private
transportation services, increasing the availability of accessible taxicabs, coordinating with non-emergency medical transportation provided under Medicaid and Medicare, and supporting
modifications to automobiles and roadways to increase the safety of older drivers.

Finally, we wanted to take a closer look at U.S. Parking Policies: An Overview Of Management Strategies put out by the Institute For Transportation And Development Policy in New York.

This report highlights best practices in parking management in the United States.

In the last decade, some municipalities have reconsidered poorly conceived parking policies to address a host of negative impacts resulting from private automobile use such as traffic congestion and climate change. Unchecked, these policies have proven to be a major barrier to establishing a balanced urban transportation network.

Many aspects of current parking management in the United States do not work reliably or efficiently for anyone: Motorists find themselves circling for long periods in search of a place to park; retail employees take choice parking locations away from potential customers; developers are compelled to provide more parking than the market requires; and traffic managers encounter difficulty handling traffic generated by new parking as there is often no link between parking price, supply and the amount of available road space.

Finally, the old parking paradigm doesn’t work for the environment, as hidden subsidies encourage over reliance on private car use — a major, growing contributor to global warming and air pollution.

This report identifies core sustainable parking principles and illustrates how smarter parking management can benefit consumers and businesses in time and money savings, while also leading to more livable, attractive communities.




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Heartland Mid Cap Value Fund Acquires the ALPS/WMC Research Value Fund

Reorganization follows shareholder approval earlier this month




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Funding Secured to Redevelop Vacant Pontiac Property as Cannabis Campus

Titan Funding has secured funding for acquisition of a 327,000-square-foot property to be redeveloped as a Cannabis Campus




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Fairfield County's Community Foundation Announces New COVID-19 Resiliency Fund

More Than $500,000 Already Raised to Support Local Rapid Response Grants




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Health and Wellness Company Launches Pre-IPO Funding Round with Brokers Crowdfunder.com




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Pratt Institute Students Sue School for Tuition Refund, Claiming "Subpar" Online Classes

According to Pratt Institute's website, Industrial Design students have been assigned to make those "Isolation Chairs" from last month…

"Isolation Chairs" made by students in Industrial Design Studio II (via @PrattInstitute/Instagram)

…but apparently not everyone's thrilled with the curriculum. The Daily News reports that a group of undergraduate Pratt Institute students have brought a lawsuit against the school, demanding a tuition refund in the face of inadequate online instruction.

"The online learning options being offered to Pratt students are subpar in practically every aspect, from the lack of facilities, materials and access to faculty," a lawyer for the students wrote in the suit. "Students have been deprived of the opportunity for collaborative learning and in-person dialogue, feedback and critique."
…The Pratt Institute lawsuit argued that the university's design focus makes remote, online learning even less feasible for students.

I can't imagine how one would go about teaching Industrial Design from afar. If you're an ID student, whether at Pratt or elsewhere, please drop us a line in the comments--I'm intensely curious to hear how your online classes are going.




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IRS Provides Guidance on Expenses Funded by PPP Loan Proceeds

On April 30, 2020, the IRS issued guidance to change one of the key benefits related to the tax treatment of the Paycheck Protection Program (PPP) loan program. This benefit is that loan proceeds which are forgiven under the program are nontaxable income to the business. With other types of loans, loan forgiveness results in taxable...

The post IRS Provides Guidance on Expenses Funded by PPP Loan Proceeds appeared first on Anders CPA.




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NECA Legislative Top Three 4/10/20: NECA Secures Paycheck Protection Program Qualifications and Additional Funding

1. Administration Calls for Additional Funding for PPP

One of the most popular programs created in the CARES Act, the Paycheck Protection Program (PPP), has released over $70 billion to small businesses to help them remain viable during this pandemic. Due to the large demand, the Administration has requested additional funding for that program in a letter to Congressional leaders.

NECA’s look Ahead: Senate Democrats requested an additional $250 billion for hospitals and local governments in addition to funding for the PPP while Republican leaders argued that funding for the PPP is the only account that requires additional immediate funding at this time. The Senate adjourned on April 9, 2020 unable to pass additional funding for the PPP under unanimous consent.

2. Treasury Guidance Clarifies Qualifications for PPP Borrowers

With the passage of the CARES Act, many agencies have been scrambling to enact the reforms and programs developed in rapid time. One such program, the Paycheck Protection Program, which allows substantial loans to be granted under favorable terms by the Small Business Administration, came under scrutiny for potentially requiring businesses to meet both size and revenue requirements instead of just the size requirements (under 500 employees) originally required. While this scrutiny came from an over-cautious interpretation of an earlier guidance, the Treasury Department offered additional guidance to make it clear to borrowers that they may meet either the revenue standards listed under a given NAICS code or qualify by having less than 500 employees. 

NECA’s Look Ahead: NECA worked with key leaders once the CARES Act was signed into law to attain greater clarity on this issue for our contractors. This new change will give NECA contractors the predictability they need to move forward with the new SBA loan program. We will continue to monitor the implementation of the CARES Act and continue to maintain in constant conversation with Congressional staff and agency officials to communicate the needs of our members. 

3. DOD Releases Rule on Payment to Small Business Contractors

Earlier this week the Department of Defense (DOD) released a final rule on the defining and implementation of accelerated payments to classified small businesses under DOD contracts. The rule (DFARS Case 2018–D068) which finalizes the implementation of a section from 2019’s National Defense Authorization Act urges the federal government to pay small business contractors within 15 days of the receipt of a proper invoice. While this is only a goal for the federal government and not a direct mandate, which NECA advocated for in the past, we view this final rule and its upcoming full implementation as a positive step forward.

NECA’s Look Ahead: We encourage NECA contractors to read the final rule and monitor its implementation on DOD contracts. With your feedback and on-the-ground experiences, we will be better able to make lawmakers and agency officials aware of its progress.




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NECA Legislative Top Three 4/17/20: Paycheck Protection Program Loan Funds Run Dry

1. OSHA Issues Additional Guidance on COVID as Recordable Illness

On April 10, 2020, OSHA released updated enforcement guidance for recording cases of COVID-19. The guidance clarifies that OSHA’s recordkeeping requirement for COVID-19 as a recordable illness applies to those in the healthcare industry and emergency response organizations. OSHA will not enforce its recordkeeping requirements to employers outside of these sectors.

NECA’s Look Ahead: NECA has been working with OSHA to make this clarification to ensure that NECA contractors are not responsible for recording COVID-19 on their OSHA 300 logs on the basis that it is impossible to prove COVID-19 was contracted on the jobsite.

2. GSA Issues Order Allowing Electronic Signatures for Bonding

NECA Government Affairs has worked with allied groups in the construction industry to push the General Services Administration (GSA) to issue an order allowing bonding vendors and sureties to use electronic signatures instead of the typically required ‘wet’ signatures. By doing so, our contractors can receive bonding, necessary on a majority of jobs, sooner and with less unnecessary contact during these challenging times.  We are pleased to announce that this reform was recently issued. While this strictly applies to only GSA contracts, NECA government affairs, along with others, is working to spread this reform to the entirety of the federal government.

NECA’s Look Ahead: Our contractors commend the GSA for their prompt response and reasonable revision. NECA will continue to work with the GSA and other construction industry groups to push for responsible reform and the removing of barriers to our industry’s reinvigoration.

3. NECA Calls for Additional Funding for Paycheck Protection Program

NECA and many of its Chapters joined over two hundred trade associations in sending a letter to Congress to urge emergency funding for the Paycheck Protection Program (PPP). The PPP has been very successful and widely utilized by the construction industry according to the Small Business Administration. The program ran out of funding on April 16, 2020.

NECA’s Look Ahead: With both the House and the Senate officially out of session until May, it  seems unlikely that Congress will be able to agree to and pass by unanimous consent, NECA remains committed to urging Congress to continue to fund this important program and return to Washington D.C. to start critical negotiations for Phase IV COVID-19 legislation. 




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NECA Legislative Top Three 4/24/20: Congress Shores up PPP Funding, Phase IV Next Up

1. Congress Passes Legislation to Increase Funding for PPP

On April 23, 2020, the House passed, in a 388 to 5 vote, the Senate Amendment to H.R. 266 – Paycheck Protection Program and Health Care Enhancement Act. This legislation reauthorizes the Paycheck Protection Program (PPP), which was passed in the Senate by unanimous consent on April 21, 2020. NECA advocated for additional funding and are confident that this amendment will continue to help NECA contractors keep their employees on payroll during this crisis.

NECA’s Look Ahead: The NECA-supported bill is expected to be signed into law by the President immediately. A detailed section by section summary can be found here. NECA has also compiled some FAQs on this loan program. NECA is continuing to work with congressional leaders on upcoming Phases of COVID-19 response bills. A major Phase IV bill is expected sometime in May.

2. NECA Weighs in on Main Street Lending Program

A group of congressional allies sent a letter to Treasury Secretary Steven Mnuchin and Vice Chairman for Supervision of Federal Reserve Board of Governors, Randal Quarles, requesting the inclusion of S corporations, LLCs, and partnerships in utilizing the Main Street lending facilities announced by Treasury and the Federal Reserve. 

NECA’s Look Ahead: The letter was organized in response to a coalition letter, which NECA supported, to Rep. Warren Davidson (R-Texas) on the issue. NECA will update its members once we have received a formal response from the Department of the Treasury.

3. Register Today for the Upcoming Government Affairs Webinar

On May 5, 2020 at 2PM ET, NECA’s Government Affairs team will brief participants on NECA’s requests for Congress in the Phase IV coronavirus response legislation, then participants can take action and send a letter to their Member of Congress requesting help for the electrical construction industry to remain viable during this crisis. Participants will also hear messages from key Members of Congress on the current legislative response to the coronavirus pandemic. 

Register Today! 




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Destek Infosolutions receives $2 Million funding for LegalNextt

Pune based IT Company Destek Infosolutions Pvt Ltd has raised an amount of 2 Million in seed funding round for one of its platforms, LegalNextt - An Extensi...




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ABC launches $5m fund to provide urgent support for Australian creatives during COVID-19 crisis

The ABC has launched a $5 million development fund to provide urgent and critical support to independent Australian producers and safeguard local content and creativity during these unprecedented times.




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Franklin fiasco will not have any bearing on other mutual funds: Nilesh Shah

Franklin fiasco will not have any bearing on other mutual funds: Nilesh Shah





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NRIs/PIOs can now send funds online for Modi govt's flagship schemes like Swachch Bharat, Clean Ganga

Swaraj said this while chairing a meeting of India Development Foundation of Overseas Indians, a trust established to supplement development efforts.




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Karnataka gives better returns on NRI funds than others: CM Siddaramaia

Siddaramaiah further stressed Karnataka's pro-NRI stance by pointing to the newly-released policy catering to their interests




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8 Indian mutual fund houses that allow USA/Canada-based NRIs to invest

Most fund houses in India don’t allow NRIs from US and Canada because of the cumbersome compliance requirements under FATCA.




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MSME Schemes: Using the Credit Guarantee Scheme to fund your business

MSMEs need easy credit facilities to fulfil the financial requirements of their business. The DCE's Credit Guarantee Scheme provides easy, collateral free credit facilities to MSMEs.




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Four ways to review and modify asset allocation in mutual funds

As the financial markets scenario is changing, it is important to review and modify (if needed) the existing asset allocation. However, before going ahead, you should consult your financial advisor.




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Franklin Templeton Mutual Fund apologises unconditionally to Sebi

The fund house claimed that media outlets quoted its CEO Jenny Johnson out of context.




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MF SIP flows slow, equity fund flows halve; liquid funds boost debt AUM

Amfi data released on Friday showed SIP inflows fell 3 per cent to Rs 8376.11 in April.




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​Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco

The Franklin Templeton Mutual Fund fiasco seems to have hit the debt mutual fund space very hard. The data released by Association of Mutual Funds in India or Amfi reveals that most debt mutual fund categories have witnessed outflows in the last month.




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Ashok Paranjpe joins LIC Mutual Fund Trustee as an independent director

Apart from Paranjpe, HN Motiwalla, Rammohan N Bhave and Thomas Panamthanath are other independent directors of the company while TC Suseel Kumar is a nominee director on the board of LIC Mutual Fund Trustee.




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Analysis of 5 largest debt mutual funds across categories to see if investors should be worried

​​ET Wealth studies the quality of papers held by the five largest schemes of different debt fund categories to see if investors should be worried.




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5 ways investors are impacted by closure of mutual fund schemes

Investors will receive whatever amount the fund house is able to recover by liquidating the underlying investments in proportion of their holdings in the respective schemes.




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Lockdown forcing you to stop SIP in mutual funds? Try the pause option first

You should explore the `pause your SIP’ option offered by mutual funds before finalising to stop your mutual fund investments through SIPs.




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Should I invest in these debt mutual fund schemes?

While investing a debt mutual fund, one should make sure the category suits your time frame.




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Time to rebalance your portfolio, invest more in equity mutual funds

The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.




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In times of stress, debt funds are your friend indeed!

Investors and advisors alike have been very unkind to this Thirteen Lakh Crore category of Mutual Funds, because of one of its sub categories: Credit Risk Funds, managed by Franklin Templeton Mutual Fund.




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Which mutual fund should you choose to invest your surplus money?

Many individuals have become extremely careful about their personal finance in the wake of Covid-19 pandemic and mounting concerns about possible job and pay cuts. Many of them have suddenly turned enthusiastic investors.




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Mutual funds to claim tax deduction of Rs 40,000

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.




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Credit risk funds underperform liquid funds. Why you should stay away from the category?

Credit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher returns than the rest of the debt categories, the fund manager buys high-yielding, low credit quality bonds.




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Understanding a mutual fund factsheet

Each scheme has a specific investment objective that tells investors what the scheme aims to achieve - it can be capital appreciation, regular income, liquidity etc.




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Gauge your mutual fund performance

The two primary forms of growth of a mutual fund scheme is either the growth of the Net Asset Value (NAV) or if the fund regularly declares dividends.




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Cyclical mutual funds: Running the relay of business cycles profitably

If you're wondering what could be common between a game of relay and a cyclical mutual fund, there are quite a few to state.




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Equity Funds - your runner in the long term race!

Equities are true blue wealth creators in the long term - this is probably the most preached mantra, but seldom practiced!




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Can mutual funds help you save tax?

An alternate option, in this case are Equity Linked Saving Schemes (ELSS) or tax-planning mutual funds as they are popularly known.




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Motown takes corporate bond route to raise funds

In the past two weeks, at least five companies have either issued, or announced plans to issue, non-convertible debentures worth a total of Rs 5,500 crore, as per information available from filings with stock exchanges.




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Department of Justice Awards More than $16.5 Million in Public Safety Funding

Office on Violence Against Women (OVW) Acting Director Laura L. Rogers today announced awards of more than $16.5 million to support public safety efforts in the Northern District of Texas. Funds will help law enforcement agencies, local cities and counties, campus safety, and victim service providers and domestic violence shelters fight gun, gang, drug and domestic and sexual violence and bring criminals to justice.




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Department of Justice Awards More than $122 Million in Public Safety Funding to Michigan

Today, the Department of Justice announced awards of more than $122 million to support public safety efforts in Michigan. The funds will help law enforcement agencies and community organizations in jurisdictions across the state fight gun, gang, drug and sexual violence, and bring criminals to justice.




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Department of Justice Awards More Than $29 Million in Public Safety Funding to Northern District of Ohio

The Department of Justice today announced awards of more than $29 million to support public safety efforts in the Northern District of Ohio. The funding from the Office of Justice Programs (OJP), Office on Violence Against Women (OVW), and the Office of Community Oriented Policing Services (COPS) will support violent crime reduction, opioid/substance abuse reduction efforts, victim services, transitional housing for domestic violence victims, law enforcement activities, justice mental health, and juvenile justice.




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Department of Justice Awards More than $165 Million in Public Safety Funding to the State of North Carolina

The Department of Justice today announced awards of more than $165 million to support public safety efforts in the state of North Carolina. The funding from the Office of Community Oriented Policing Services (COPS), Office of Justice Programs (OJP), and Office on Violence Against Women (OVW) will support violent crime reduction, opioid/substance abuse reduction efforts, school safety, victim services, transitional housing for domestic violence victims, law enforcement activities, justice mental health, and juvenile justice.